Anthropic Raises $30B at $380B Valuation

Anthropic Closes Record $30 Billion Series G Round at $380 Billion Valuation

On 11–12 February 2026, Anthropic announced the closing of a $30 billion Series G funding round, valuing the company at $380 billion post-money. The new valuation is more than double its previous disclosed valuation of approximately $183 billion during Series F, marking one of the fastest valuation surges in technology history.

According to industry reports, this round is now the second-largest private technology financing ever, behind only OpenAI’s $40+ billion mega-round. The announcement highlights the increasing capital requirements for companies building next-generation computing platforms.

Series G Investors and Strategic Backing

The Series G round is led by Singapore’s sovereign wealth fund GIC and Coatue Management. Other major participants include:

• D. E. Shaw Ventures

• Dragoneer

• Founders Fund (Peter Thiel)

• ICONIQ

• MGX

• Accel

• General Catalyst

• Jane Street

• Qatar Investment Authority

The round also includes portions of previously announced commitments from strategic partners such as Microsoft and Nvidia, both of which have provided multi-billion-dollar compute and financial support.

Capital Deployment Strategy

Anthropic has clearly outlined how the newly raised $30 billion will be allocated. The company plans to focus on three primary pillars:

1. Research and Model Development

The company aims to train next-generation Claude models and explore new system architectures, while continuing to emphasise safety alignment and reliability.

2. Infrastructure Expansion

A significant portion of the funding will go toward purchasing advanced computing hardware, particularly Nvidia GPUs, and expanding data-centre capacity. This expansion will occur both directly and through partnerships with cloud providers such as AWS and Microsoft Azure.

3. Enterprise Product Growth

Anthropic plans to accelerate the development of enterprise solutions, especially coding assistants and business-focused tools, where demand continues to grow rapidly among paying customers.

Revenue Growth and Financial Momentum

Recent analysis indicates that Anthropic now reports an annualised revenue run-rate of approximately $14 billion. The company has reportedly grown more than tenfold year-on-year for three consecutive years.

Such rapid revenue expansion strengthens investor confidence in the $380 billion valuation, particularly if operational efficiencies improve as infrastructure investments scale.

Valuation in Global Context

Indian business media has emphasised the magnitude of the $380 billion valuation. Reports note that this figure exceeds the combined market capitalisation of 77 listed Indian IT companies, and is roughly equivalent to the top three Indian IT giants combined.

This comparison highlights how capital markets are increasingly differentiating between traditional IT services firms and platform-driven technology companies built around proprietary models and APIs.

Globally, Anthropic now ranks just behind OpenAI among privately held technology firms by valuation, placing it ahead of many publicly listed enterprise software companies.

Why Major Investors Continue to Commit Capital

The Series G round reflects a broader trend in global investment strategy. Training and deploying frontier systems requires enormous capital, including:

• High-performance computing hardware

• Power-intensive data centres

• Specialised research talent

• Scalable enterprise infrastructure

Large sovereign funds, hedge funds, and technology firms are competing for stakes in companies positioned to dominate the next era of computing platforms.

Enterprise Adoption and Strategic Partnerships

Anthropic’s Claude models are integrated into platforms such as Amazon Bedrock, following Amazon’s separate $4 billion strategic investment in 2024. The partnership strengthens cloud distribution and enterprise accessibility.

Organisations across finance, healthcare, and technology sectors use Claude for:

• Summarization

• Coding assistance

• Customer support automation

• Internal knowledge management

These use cases create recurring, high-margin revenue streams built on top of the company’s core platform offerings.

Implications for the Competitive Landscape

Anthropic’s $30 billion raise at a $380 billion valuation sends three major signals to the broader technology ecosystem:

1. Rising Capital Barriers

Competing at the highest level now requires tens of billions of dollars in sustained funding, making entry increasingly difficult for new challengers.

2. Enterprise Demand Drives Growth

Business adoption of advanced models and coding tools is generating significant revenue, demonstrating that large enterprises are willing to pay for reliable, controllable solutions.

3. Traditional Valuations Face Scrutiny

When a five-year-old technology lab is valued higher than dozens of established IT companies combined, legacy firms must reassess their positioning and innovation strategies.

Conclusion

By securing $30 billion in Series G funding, Anthropic has reinforced its position among the most highly valued private technology companies in the world. The scale of this investment signals an intensifying race to build increasingly capable computing platforms while maintaining safety, profitability, and operational scale.

As capital flows continue to concentrate around a small number of leading firms, the competitive landscape is entering a new phase defined by unprecedented funding, infrastructure expansion, and enterprise integration.